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China Water Affairs (00855.HK) Proposes Additional Issuance of USD-denominated Senior Notes
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China Water Affairs (00855.HK) announced that it proposes to conduct an additional issuance of USD-denominated senior notes, which will be consolidated and form a single series with the USD150 million 5.875% senior notes due 2030 issued on 22 October last year. The net proceeds are intended to fund a concurrent tender offer (to purchase the outstanding 4.85% senior notes due this year) and to repay certain other offshore indebtedness, as well as to finance or refinance eligible green projects (particularly water supply projects) in accordance with its blue-green financing framework. The company has received in-principle approval from the Singapore Exchange for the listing and quotation of the additional notes on the Singapore Exchange. (jl/w) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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